USOIL on the 4h char is testing the 0.382 Fibonacci level.
The price is moving in a descending channel and after the bounce over the monthly support can provide us another opportunity.
According to Plancton's strategy if the price will break below the support and satisfy the ACADEMY conditions we will set a nice short order.
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
The price is moving in a descending channel and after the bounce over the monthly support can provide us another opportunity.
According to Plancton's strategy if the price will break below the support and satisfy the ACADEMY conditions we will set a nice short order.
-––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Comment:
consolidation between 2 structure
Comment:
correct
Comment:
a perfect bounce over the support
Comment:
testing the support